Binance has just announced the exclusive launch of Obol (OBOL) on the Binance Alpha trading platform and Futures market. Trading for OBOL will begin on May 7, 2025, at 10:00 UTC, followed by the launch of the OBOLUSDT perpetual contract at 10:30 UTC on the same day.
As the first exchange to support both Alpha trading and Futures for OBOL, Binance is offering early users the opportunity to earn an airdrop. Eligible users who reach the Binance Alpha Points threshold—details to be revealed on launch day—will receive an airdrop within 20 minutes after trading begins.
The OBOLUSDT contract offers leverage of up to 50x and trading will be available 24/7. Built on the Obol Stack, the project focuses on distributed validators to enhance security and staking performance. To reduce congestion on the Ethereum network, Binance recommends placing limit orders when starting to trade.
Binance users can also trade OBOL futures contracts using BTC and other assets in Multi-Asset Mode. The funding rate for the contracts is capped at ±2.00%, and it is settled every four hours.
This launch marks another step forward in Binance's ongoing commitment to support innovative blockchain projects while providing early trading access and incentives for the global community.